Rome Little Theatre Inc
Overview
Mission
Live performing arts for the residents and students of northwest Georgia.
What it reported doing in 2023
Live performing arts for the residents and students of northwest Georgia attended by over 10,000 people during the fiscal year.
Operating model
- Revenue model
- Earned-program. 83% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The nonprofit carried out 100% of its reported program work directly.
Nonprofit profile at a glance
- EIN
- 237074677
- IRS 990 coverage
- 2016–2023
- Forms available
- Form 990 2023
- Headquarters
- Rome, GA, USA
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Arts, Culture, and Humanities
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and the filing reports that some governance safeguards are missing.
Rating breakdown
- Financial Efficiency: 91
- Transparency & Controls: 92
- Accountability: 63
- Sustainability: 53
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 86.3%; rating input score 86
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.3%; rating input score 92; 23rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
- Public monitoring controls: Limited
- Public policy transparency: Limited
- Public financial transparency: Limited
- Impact reporting controls: Limited
- Public relationship transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 1 of 8 controls in place; rating input score 12
- Public governance controls: Limited
- Zakat policy transparency: Limited
Sustainability
- Operating margin: 13.8%; rating input score 67; 67th percentile among comparable filings
- Operating reserve ratio: 1.6; rating input score 53; 53rd percentile among comparable filings
- Liabilities to assets ratio: 0.17; rating input score 23; 23rd percentile among comparable filings
- Officer compensation ratio: 12.4%; rating input score 27; 27th percentile among comparable filings
Growth
- Program expense growth: 20.2% per year; rating input score 100; 83rd percentile among comparable filings
- Revenue growth: 14.8% per year; rating input score 100; 81st percentile among comparable filings
- Asset growth: 28.5% per year; rating input score 100; 90th percentile among comparable filings
Details
- Where the money goes: 86.3% of revenue deployed · 100% of spending went to programs
- Governance: 12 of 12 board members independent · 1 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $416K in reported program spending
- Leadership: top reported pay $52K · 13 people listed
- Consistency: 21 of 22 current checks pass · 1 finding to review
- Schedules: 4 filed schedules
- Filing history: 6 annual filings from 2016 to 2023
- Money network: 1 filed money-flow record